How to Buy Spirit Aerosystems Holdings Stock
Spirit Aerosystems Holdings Inc
Spirit Aerosystems Holdings is a defense company located in Kansas, United States, which is part of the Industrials sector, and is traded under the ticker SPR on the NYSE exchange.
Spirit Aerosystems Holdings stock last closed at $15.16, up 2.16% from the previous day, and has decreased 38.94% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.48 percentage points. Spirit Aerosystems Holdings stock is currently +3.48% from its 52-week low of $14.65, and -60.67% from its 52-week high of $38.55.
At the moment, there are 105.29M SPR shares outstanding. The market value of SPR is $1.60B. In the last 24 hours, 6.11M SPR shares were traded.
How to Buy Spirit Aerosystems Holdings Stock
Wondering how to invest in Spirit Aerosystems Holdings stock? Here's how.
- Decide where to buy Spirit Aerosystems Holdings stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Spirit Aerosystems Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your method of payment and add your information.
- Evaluate Spirit Aerosystems Holdings stock: The Spirit Aerosystems Holdings ticker symbol is SPR. Is Spirit Aerosystems Holdings stock a good investment? Should you buy shares of SPR? How do SPR's underlying business fundamentals look? Do top analysts think Spirit Aerosystems Holdings is a good buy? Why has SPR's stock price moved recently? (Hint: Our stock research website can help you evaluate if SPR is a good stock to buy).
- Execute your SPR trade: Decide if you will purchase SPR shares at the current market price or use a limit order to purchase SPR stock at a particular price.
- Keep tabs on your SPR position: Create a watchlist to track your position in Spirit Aerosystems Holdings shares.
Step 1: Decide where to buy Spirit Aerosystems Holdings stock
You need an online brokerage account to access the NYSE market and buy SPR shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to buy SPR today.
How to Open a New Investment Account on eToro
- Click here to get started.
- Input your personal info to create a new brokerage account.
- Submit your info by pressing the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you've opened your account on the best investment app, you can securely and quickly fund your account:
Check out the walkthrough below for more details transferring funds into your new investment account.
Step 4: Evaluate Spirit Aerosystems Holdings stock
After you have decided on the best place to buy Spirit Aerosystems Holdings stock, it's critical to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Spirit Aerosystems Holdings quick stats
Spirit Aerosystems Holdings Due Diligence Checks
WallStreetZen was built to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SPR's stock page.
Is SPR stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SPR's intrinsic value.
You can access additional valuation analysis on SPR's stock here.
SPR Financial Health
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the SPR balance sheet.
- SPR has cash burn of 419600000. It has enough cash and short-term investments to cover this for at least one year.
Negative Health Checks:
- SPR has $525.90M in cash and short term investments. This is not enough to cover its annual cash burn of $419.60M.
- SPR profit margin has gone down from -9.1% to -15.9% in the past year.
- Total SPR debt is still negative.
- SPR debt to equity ratio of -11.34 is negative.
- There are more long-term liabilities than short-term assets on the SPR balance sheet.
Is SPR stock a Buy, Hold, or Sell, according to analysts?
Out of 12 Wall Street analysts who track SPR, the consensus analyst rating on Spirit Aerosystems Holdings is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent SPR Analyst Ratings
Robert Spingarn, a top 22% analyst from Melius Research downgrades SPR to a hold rating and announces their SPR price target of $23.00, on Sep 5, 2023.
Ronald Epstein, a bottom 18% analyst from Bank of America maintains SPR with a sell rating and raises their SPR price target from $18.00 to $22.00, on Aug 25, 2023.
David Strauss, a top 31% analyst from Barclays maintains SPR with a strong buy rating and lowers their SPR price target from $40.00 to $30.00, on Aug 8, 2023.
Noah Poponak, a bottom 18% analyst from Goldman Sachs maintains SPR with a hold rating and lowers their SPR price target from $45.00 to $30.00, on Aug 4, 2023.
Kristine Liwag, a top 18% analyst from Morgan Stanley maintains SPR with a strong sell rating and lowers their SPR price target from $27.00 to $22.00, on Aug 3, 2023.
You can dive deeper into what analysts are saying on the Spirit Aerosystems Holdings stock forecast page.
SPR Trading Indicators
SPR Revenue
Last year, SPR revenue was $5.39B. During the past five year, SPR's revenue has gone up by -5.18% per year. This was slower than the Aerospace & Defense industry average of 4.71%.
Dive into SPR's earnings and revenue performance here.
Who is buying/selling SPR?
Over the past year, executives and large shareholders at SPR have sold more shares than they have bought.
Damon Christopher Ward, VP Corporate Controller of SPR, was the latest SPR insider to sell. They sold $17,055.52 worth of SPR stock on Apr 27, 2023.
Dig into more about who owns SPR stock here.
Does SPR provide a stable income stream?
Spirit Aerosystems Holdings dividend payments have not consistently grown over the past 6 years and have not remained stable.
Get more analysis about Spirit Aerosystems Holdings dividend yield and history here.
What others are saying about SPR
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your SPR trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount limit, place a limit order.
Press the Open Trade button and eToro will place your order.
If you want additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your SPR position
Now that you own some SPR shares, you'll want to keep up with your investment.
Add SPR to a watchlist to get alerted to the latest events about your SPR stock.
SPR Feed
How to Buy Stock in Spirit Aerosystems Holdings
To reiterate, here are the 6 steps to buy Spirit Aerosystems Holdings stock:
- Decide where to buy Spirit Aerosystems Holdings stock
- Create a brokerage account
- Deposit funds into your investment account
- Evaluate Spirit Aerosystems Holdings stock
- Execute your SPR trade
- Keep tabs on your SPR position
If you need a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your new investment in Spirit Aerosystems Holdings, add SPR to your watchlist by clicking the button below.
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